Last checked at 11 Feb 2021 11:00
Water Intelligence plc (the "Company")
PDMR Dealing
The Company announces that it received notification on 10 February 2021 that Dr Patrick DeSouza, Executive Chairman of the Company, has, for personal estate and tax planning purposes, transferred 270,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") for nil consideration to a related trust, of which his immediate family is the sole beneficiary. Dr DeSouza is the trustee of one of the trusts and his wife is the trustee of the other.
Following these transfers, Dr DeSouza will hold 177,110 Ordinary Shares in his own name, but his beneficial interest in the Company remains unchanged. The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the transfers.
1. | Details of the PDMR / person closely associated | |
a) | Name | Patrick DeSouza |
2. | Reason for the notification | |
a) | Position / status | Executive Chairman |
b) | Initial notification / amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Water Intelligence plc |
b) | LEI | 213800AL3BNXJ1HQLP10 |
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares
GB00BZ973D04 |
b) | Nature of the transaction | Sale of Ordinary Shares
|
c) | Price(s) and volume(s) | 270,000 Ordinary Shares sold at 0p each |
d) | Aggregated information | n/a (single transaction) |
| - Aggregated volume |
|
| - Price |
|
e) | Date of the transaction | 10 February 2021 |
f) | Place of the transaction | Transfer of shares occurred outside a trading venue |
1. | Details of the PDMR / person closely associated | |
a) | Name | The Patrick J. DeSouza 2020 Irrevocable Trust U/A Dtd 11/23/2020 |
2. | Reason for the notification | |
a) | Position / status | Person Closely Associated with Patrick DeSouza, Executive Chairman of Water Intelligence plc |
b) | Initial notification / amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Water Intelligence plc |
b) | LEI | 213800AL3BNXJ1HQLP10 |
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares
GB00BZ973D04 |
b) | Nature of the transaction | Purchase of Ordinary Shares
|
c) | Price(s) and volume(s) | 270,000 Ordinary Shares sold at 0p each
|
d) | Aggregated information | n/a (single transaction) |
| - Aggregated volume |
|
| - Price |
|
e) | Date of the transaction | 10 February 2021 |
f) | Place of the transaction | Transfer of shares occurred outside a trading venue |
Enquiries:
Water Intelligence plc | |
Patrick DeSouza, Executive Chairman | Tel: +1 203 654 5426 |
Adrian Hargrave, VP Corporate Development
| +44 (0)7775 701 838 |
WH Ireland Limited - NOMAD & Broker | Tel: +44 (0)207 220 1666 |
Adrian Hadden | |
James Sinclair-Ford | |
Matthew Chan | |
Dowgate Capital - Joint Broker | Tel: +44 (0)20 3903 7721 |
Stephen Norcross |